Tag: scrap bhav in Alang

India: BigMint’s ferrous scrap index gains INR 100/t d-o-d amid moderate market activity

May 21, 2025

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by

Tarun Naidu

in Melting Scrap

Sponge iron prices stay unchanged d-o-d Ingot tags rise INR 100/t, rebar holds firm BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, increased by INR 100/tonne (t) d-o-d to INR 37,100/t DAP on 21 May 2025. A shortage of scrap was observed in the market, amid moderate trading sentiment. Scrap prices in Mandi…